Stamp Duty On A Licence Agreement

.. 28. It has also been argued that the instrument is not an act of rental, but a mere agreement/licence, which falls under Article 5 of List 1-B of the Act, which provides for a fixed stamp duty of paragraph 10. whether it cannot be treated as a lease agreement, but as a simple agreement or licence; the Authority did not have the right to summon the petitioner and collect stamp duty. The District Judge. it is manifestly incompetent and the document is void on which no stamp duty is levied. Irrespective of the alternative remedy thus available, the Court allowed the application and the application. . (c) the timetable for calculating the stamp duty to be paid.10.

However, an amendment to the Stamp Act 1959 was made to deal with the imposition of stamps. Petent appears that, since the mining licence, the second respondent had also called on the geologist in accordance with the rules of the mineral concession to account for the stamp duty to be paid. to judge the stamp duty to be paid in accordance with section 31 of the Kerala Stamp Act 1959. The defendant questioned at first instance in turn took the decision in question. . to the petitioner to increase construction. Although the same thing was referred to as a “lease agreement”, it was in fact nothing more than a simple license and therefore would not be a stamp duty on the. The petitioner was informed in advance that all stamp duty had to be paid on the agreement concluded on 11.6.1987, the petitioner having paid the same.

According to the petitioner, they were not paid. 6.10 crores was the highest and was accepted. Subsequently, on 11.6.1987, an agreement was concluded between the petitioner and the Kanpur Development Authority. The document in question was executed on a stamp. In Maharashtra, holiday and licensing contracts must be stamped with a flat stamp duty rate of 0.25% of the total rent for the period. If a non-refundable deposit is also paid to the lessor, stamp duty is also levied on these non-refundable deposits. GOVERNMENT OF MAHARASHTRA Thursday, 8 July 2000 Part 4 A REVENUE AND FOREST DEPARTMENT Mantralaya, Mumbai 400,032, date 8 June 2000 COMMUNICATION The Registration Act, 1908. No. RGN.2000/2120/CR-592/M-1- In the exercise of the powers conferred on the State of Maharashtra by sections 78 and 79 of the Registration Act 1908 (XVI of 1908), in conjunction with subsection (1) of section 55 of the Maharashtra Rent Control Act, 1999 (Mah).

XVIII of 2000) the Government of Maharashtra hereby amends, with effect from the date of issue of such notification, the SCHEDULE OF FEES established in accordance with section 78 above and under government notification, Revenue Department No. RGN. 1558/67731-N of 17 July 1961, as required by the above-mentioned section 79, namely: “III A For the registration of a document relating to consent to leave and licence, if that document relates to property; in the area of a limits; Municipal Corporation ₹ 1000 In any other field ₹ 500 On behalf of and on behalf of the Governor of Maharashtra, P. G. CHHATRE Under Secretary to Government Have been cited as another way to avoid stamp duty. These occur when a developer develops a website, but has conceded individual sites to other owners who then sell on completed units – the developer/landowner in the meantime receives fines from the owners. . License agreement with Industrial Investment Limited for a period of 33 months, i.e.

from 1-3-2002 to 1-12-2004. This leave and licence agreement was concluded on 28.2.2002. The petitioner paid fees. Section 1.60.000/- on the leave and licence agreement referred to in section 36A(b) in conjunction with section 36A(a)(ii) of the Stamps Act 1958 (abbreviated as “the said Act”).6. . . .